NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,502,000

2 Beds
2 Baths
1,409 Sq Ft
1972 Built

Sale Details

Date Sold: October 22, 2021

Last sale price $985,000 $699 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,602 / mo

Highlights

  • Ocean Front
  • Fitness Center
  • Wood Flooring
  • Key Biscayne K-8 Center Rated A-
  • Built in 1972 | Newly Remodeled
  • Sauna

About This Home

As of October 2021

Direct Ocean View

Last Agent to Sell the Property

Jorge Ribas

Blue Capital Realty, LLC License #3237567 Listed on: 10/22/2021

Last Buyer's Agent

Jorge Ribas

Blue Capital Realty, LLC License #3237567 Listed on: 10/22/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,854

Year Built

  • Built in 1972 | Newly Remodeled

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1,409 Sq Ft Home
  • Built-In Features
  • Wood Flooring
  • Video Cameras

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-04-010-0680

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Community
  • The Towers Of Key Biscayn Condos
  • Towers Of Key Biscayne Co Subdivision
  • Car Wash Area
  • 12-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $3,380

Security

  • Security Guard
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,854

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERS OF KEY BISCAYNE CO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1409
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 12
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Towers of Key Biscayn
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Guard At Site, TV Camera

Condo/Co-op/Association

  • Amenities: Billiard Room, Community Room, Exercise Room, Storage, Heated Pool, Pool, Sauna, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-04-010-0680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10854

Multi Family

  • Maintenance Expense: 3380

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Oct 18, 2021
Sold by
Bought by
Seller's Agent
Jorge Ribas
Blue Capital Realty, LLC
Buyer's Agent
Jorge Ribas
Blue Capital Realty, LLC
List Price
$985,000
Sold Price
$985,000
Current Estimated Value
$1,323,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,710
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
0.0593%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$985,000 Attorney
$840,000 Attorney
$298,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $450,000
Previous Owner $2,000,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $985,000 0.0% $699 / Sq Ft
10/22/2021 10/22/21 For Sale $985,000 -- $699 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,674 $1,018,875
2024 $16,060 $1,055,023
2023 $16,060 $959,112 $0 $0
2022 $14,059 $871,920 $0 $0
2021 $11,590 $692,000 $0 $0
2020 $10,854 $657,400 $0 $0
2019 $11,454 $692,000 $0 $0
2018 $10,556 $659,100 $0 $0
2017 $12,996 $803,541 $0 $0
2016 $13,512 $730,492 $0 $0
2015 $13,218 $664,084 $0 $0
2014 $11,097 $603,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11114095

MIAMI REALTORS® MLS

APN: 24-5204-010-0680

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